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HomeIPOAmtech Esters

About Amtech Esters

Founded in May 2002, Amtech Esters Limited is a B2B chemicals manufacturer, involved in the production of Unsaturated Polyester Resins (UPRs) and the distribution of complementary products for use in the value chain of resins and FRP. Originally Amtech Esters was incorporated as a private limited company by the name of Amtech Esters Private Limited, and was later transformed into a public limited company in December 2023. The products manufactured by the Company include Unsaturated Polyester Resins, fibreglass, hardeners, silicones and various other ancillary products. The Company also has an operating subsidiary by the name of Croda Pigments Private Limited (CPPL), that deals in the manufacture of pigments used as colorants and additives in paints, varnishes, dyes, glues, gums and other chemical applications. Research & Development and Quality Control departments have been established at the Amtech Esters Limited to cater to the needs of product development, improvements in processes and quality consistency. The Company is certified under ISO 9001:2015. The Company’s factories are located at Bahadurgarh, Jhajjar, Haryana and are fitted with state-of-the-art and automated machines and equipment. Till March 31, 2026, the Company had employed 60 staff members in the areas of production, sales and marketing, quality control, packing and dispatch, finance, legal, HR & management.

Checklist Quality Analysis

Live IPOs

National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
Open  Close17th Sep 2026 - 21st Sep 2026
Issue Size22561.57 Cr
Min. Qty8 Shares
Issue Price₹ 1700.00
Live IPO
Antala Industries logo

Antala Industries

SME
Open  Close29th Oct 2026 - 5th Nov 2026
Issue Size22.98 Cr
Min. Qty2000 Shares
Issue Price₹ 62.00
Live IPO
Companies NameOpen - CloseIssue SizeMin. QtyIssue PriceApply
National Stock Exchange of India logo

National Stock Exchange of India

Mainboard
17th Sep 2026 - 21st Sep 202622561.57 Cr8 Shares₹ 1700.00
Antala Industries logo

Antala Industries

SME
29th Oct 2026 - 5th Nov 202622.98 Cr2000 Shares₹ 62.00
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Amtech Esters

Amtech Esters

Open Date

Sep 9, 2026

Close Date

Sep 11, 2026

listed

Min Investment

₹2,40,000

Lot Size

1600 Shares

Issue Size

₹17.88 Cr

Price Range

₹71 - ₹71

Listing Date

Sep 17, 2026

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RHP PDF

Revenue Growth

Company Valuation

Earning Expansion

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily.

₹16(+21.33%)GMP
10.67%Prediction Listing Gain

Grey Market Premium (GMP) Trend

Amtech Esters IPO - Issue Objectives

₹8.81 crore will fund the subsidiary’s capital expenditure and working capital needs. The company will utilise ₹4.2 crore for repayment of the borrowings. Part of the IPO proceeds will fund general corporate purposes and issue expenses.

Investment in subsidiary

49.2%

Repayment of loan

23.4%

General corporate purposes

27.2%

1

Investment in subsidiary

₹8.81 crore will fund the subsidiary’s capital expenditure and working capital needs.

49.20%
2

Repayment of loan

The company will utilise ₹4.2 crore for repayment of the borrowings.

23.40%
3

General corporate purposes

Part of the IPO proceeds will fund general corporate purposes and issue expenses.

27.20%

IPO Subscription Status

QIB
15.07x
NII
32.68x
Individual
28.93x
Total
25.78x

Times subscribed by category (bars capped at 10x for readability). Dashed line marks 1.0x (fully subscribed).

Financials of Amtech Esters

In Cr.

Contact Details

Amtech Esters

Flat No. 102, Plot No. A – 3, Magnum House 1, Commercial Complex, Karam Pura, West Delhi, New Delhi, West Delhi, New Delhi, 110015

01149044111
info@amtechesters.com
https://www.amtechesters.com/

Amtech Esters IPO - FAQs

Amtech Esters IPO is a SME IPO. The issue is priced at 71-₹75. The minimum order quantity is 1600 Shares. The IPO opens on 9 Sep, and closes on 11 Sep. TBA is the registrar for the IPO. The shares are proposed to be listed on SME.








IPO Timeline

  • Pre Apply2026-09-08
  • Bidding Starts2026-09-09
  • Bidding Ends2026-09-11
  • Allotment Finalisation2026-09-15
  • Release of Funds2026-09-16
  • Demat Transfer2026-09-16
  • Listing2026-09-17